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Forex Forecast: EUR/USD a good buy if Fed doesn't hike, USD/JPY upside favoured, GBP/USD...

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In today’s forex forecast, we outline the targets and outlook for USD/JPY, AUD/USD, GBP/USD, USD/CAD and EUR/USD, with Steven Woodcock, Senior FX Analyst at Plutus FX, along with Nick Batsford, CEO at Tip TV. AUD/USD: Woodcock believes that the cross is stagnating around current levels. USD/JPY: Momentum exists, but slower climb ahead Woodcock highlights that USD/JPY technicals suggests upside momentum remains on the cross, but needs a break above 125.50 area before seeing a fresh leg higher.

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